Peter Briger, currently the principal of board of management working with the Fortress Investment Group. The company is recognized globally with various assets under its supervision. In 1998, Robert Kauffman and Randal Nardone initiated it as a private company. The firm maximizes its experience and skilled personnel in investment tactics whether private or credit of the various investors. Peter Briger is in charge of Mortgage and real estate department, dealing with distressed debt. From 2006, he worked as an associate of Board of management, in 2009 he became the Co-chairman. As a partner at the Fortress Investment Group, he worked with them since 2002. Before he joined the company, he partnered with the Tipping Point and Caliber Schools as a board member. Caliber Schools is determined in making students ready for colleges and the afterlife. As a Board advisor, he also partners with the hospital specifically in special surgery.
Apart from his professional works, he assists in Philanthropic and community causes such as the Global Fund for children and works with the Foreign Relations which deals with enabling citizens and officials be aware of foreign policy issues. He graduated from Princeton University with a B.A and later pursued Business Administration at the University of Pennsylvania. Peter Briger joined grammar school, later convinced his parents to join Groton school. When there was a financial problem, Peter took the opportunity in analyzing the finance sector with Goldman. He went to Dallas selling bonds for the company and with the various places he visited he dealt as a mortgage trader.
Fortress Investment Group has become successful because of its diverse departments such as private equity, credit and real estate and liquid funds. The company takes up what other firms do not see as valuable and use it to benefit themselves. All through Peter Briger’s career, he has taken up such kind of opportunities. They aim at making their firm operational even in times of financial problems. His friends praised him for his excellent work in credit sector. Among the world known investors, he was invited to a Research conference. The guests are required to share with other investors their views and financial expectations. His firm is among the best-performing companies. Employees are not left behind in complementing how the company is doing well. They talk about the good salaries given to them, teamwork among them, sometimes given free drinks and snacks, they learn from the various opportunities and more.
Fortress Investment Group joined up with Mount Kellet Funds Management. Mount Kellet is a private firm dealing with investments and real estate. When the two companies worked together, they enabled staff to learn from each other. Mount Kellet benefitted from funds owned by the other company. The other benefitted too because of the merged asset management.
Three alumni of Princeton: Peter Briger, and other two set up a program which helps the young entrepreneurs, Princeton entrepreneurship. The young people receive financial support and a platform to share with other students, those within and the experienced in the business world. It helps the students have an open mind and ability to master courage and start up a company. This is in preparation for the competitive world.
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